Google's Matt Cutts recently announced at SMX Advanced in Seattle that Google will soon roll out the third major update to its Payday loan algorithm. Last month, we saw the introduction of the second iteration of the Payday loan algorithm, along with Panda 4.0. For spammy websites, the day of reckoning has come, for Google has now rolled out the promised Payday loan 3.0 which, although is unrelated to Panda or Penguin, aims at cutting down on even more spammy search queries.
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