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Why does it take so long to refund to credit card?

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Why does it take so long to refund to credit card?

I cannot understand this: if I make an online purchase with a credit card, the purchase is done instantly, and I receive a SMS notification within 5 seconds. However, if money is returned to the credit card (e.g. cancelled ticket / deposit refund), it takes 2 to 4 weeks.

A refund is simply a transaction in the reverse direction. Given that everything is processed electronically nowadays, why does it take so long before the refund is shown on my account?

Can previously low wages hurt my chances of an approved home loan?

Some quick stats about me.

  • Received a pre-approval for $280,000
  • Credit Score: 808
  • Current Salary: $63,500
  • Job: Junior Software Engineer

My main concern here is regarding the eventual income verification step of the final loan approval process.

I am very new in my career field and have worked as a Software Engineer for less than a year (9 months). Prior to that I have worked very low paying retail jobs while learning to code.

So my wages for the last two years were:

  • 2017: $22,360
  • 2016: $30,500

So despite my current pay stubs reflecting my current salary of $63,500, will the last two years W-2s impact my chance at getting a loan approved?

How can I link my Social Security Number to my online account in Bank of America?

It is about a year I am in the U.S. and have an account at Bank of America. I also have a travel reward credit card, but when I wanted to get my credit report from Credit Karma, I was told they could not find my information, or there was a mistake in my information, but I am sure I did not make any mistake.

The only thing I am concerned about is that I have not linked my Social Security Number to my bank account. Honestly, I do not know how to link my SSN to my bank account! I searched the internet, but I could not find any useful hint.