"This action cannot be performed at this time" error occurs when buying something through Xbox Live on Xbox 360

Problem

You see the following error message when you try to purchase something through Xbox Live on your Xbox 360:

This action cannot be performed at this time.

This may mean that the credit card you're using is a payment option for 10 different Microsoft billing accounts.

Solutions

Try the following solutions:

If you keep experiencing the problem, contact Xbox Support.

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