Why am I getting a "Problem With Previous Purchase" when I haven't purchased anything?

Sometimes, quite randomly when I open anything on my iPad or iPhone and try to update an app or something of the like, iTunes asks me to verify my billing information. It gives me the reason "There was a problem with a previous purchase." And asks me to enter my security code on my debit card. When I do, even though I have plenty of money in my checking, it tells me I was declined and refuses to let me update anything.
I don't understand where the previous purchase problem is coming from, seeing as I have made no recent purchases.
This happens quite often and after several days of entering it again and again it will randomly work and everything will be back to normal. Later, at random, it will happen again and this whole process will repeat.
Please help me understand why this keeps happening.

How fast is your G-Drive? Safest for video work is 7200RPM. It must be connected via firewire to work reliably with video applications.
Try changing your RT settings (RT button at top left of Timeline window) to Unlimited RT with dynamic video quality and frame rate.

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