Google Launching Payday Loan Algorithm 3.0?

Google yesterday launch Payday Loan Algorithm 3.0 update version of Payday Loan Algorithm 2.0 released previous couple of week .Please what target Google with this update algorithm version ?

I am not really sure about the pay day algorithm. Let me share this post i found:

the fact that Panda 4.0 is also hitting at the same time as a refresh of an algorithm targeting spammy queries like payday loans makes it a little bit more difficult for webmasters to sort through the damage.

With the payday loans refresh impacting extremely spammy queries and Panda targeting low-quality content, some webmasters could potentially get hit with both of these or by just one or the other.

this isn’t my article… just sharing…

Payday Loan Algorithm 3.0 announce yesterday or panda 4.0 and Payday Loan Algorithm 2.0 release on previous couple of week ago both are different.

The answer seems to be:

as i search on the net
“This algorithm specifically targets “very spammy queries” and is unrelated to the Panda or Penguin algorithms.”