Is the iTunes store having its own credit crunch?

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Credit crunch hits Apple?  Not likely with that $28 billion in the bank.  But there seems to have been some problems affecting people's iTunes store credit.

According to Venture Beat and a few hundred Twitterers, there seems to have been a minor glitch when purchasing videos or music.  The error reads:

Due to a problem with the iTunes Store, your store credit balance is temporarily unavailable for use in purchasing music; you may continue purchasing using a different method of payment.

As of this writing the problem appears to be solved.

 

Comments (8)

Sign out of your iTunes account and then sign back in fixes the problem.

when i try to download FREE apps! it won't let me do anything. signing and out and then in did NOT fix the problem.

i hope it's fixed soon. I'm not on my macpro now so i can't test but i will later.

I got that same message except i was trying to buy a free app!

I've just logged out and logged back in and it is still not working.

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Login first, above the search button in itunes, then you will be able to purchase.

I've just logged out and logged back in and it is still not working.

This happened to me on Sunday morning. I quit iTunes, relaunched and voila! Problem solved.

Weird glitch though.