TS1702 my payment option for apple ID is showing "billing problem with a previous purchase."It is not accepting my credit card.WHY? No reason given

Why is my application ot updated.

Have you previously bought items when you didn't have sufficient money on your account ? If not then try contacting iTunes support and ask them why it's appearing (these are user-to-user forums, nobody on here will know the actual reason) : http://www.apple.com/support/itunes/contact/ - click on Contact iTunes Store Support on the right-hand side of the page, then possibly Purchases, Billing & Redemption

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