This what you may be using, Bondo Spot Glazing Putty is a one-part solvent based putty. Often called Bondo Red, it is the same stuff as the DrMicroTools hobby putty. It is available in a larger tube at less cost. It works well, but the solvent may etch plastic. It takes a while, often overnight, for the solvent to evaporate and the putty to harden. If you put this material, or any solvent putty in an enclosed space, such as inside of a fuselage to mount nose weight it will warp the plastic as the solvent evaporates.. Otherwise, it is fine grained and sands/feathers well. I have used it and it is in my toolbox.
Bondo Body Putty is a two part epoxy filler putty. The advantage of a two-part putty is that it hardens in a matter of minutes allowing you to continue working. Since it does not harden by evaporation it can he used inside of a fuselage to mount weight.
Put a quarter-sized dab of putty and a pea-sized drop of hardener (sold with the product & also available separately) on a piece of wax paper. Mix, apply and smooth. Work quickly. There may be waste if you mix too much. Experience will guide you on how much to mix.
Bondo Body Putty is a little coarser grained, but still sands smooth and feathers well. Use this where you need to build up some structure.
Bondo Pro Glazing Putty is also a two-part epoxy putty. Same advantages as the body putty, but the grain is extremely fine. You may be able to fill a seam without having to sand. I've been using this instead of the Body Putty recently and am impressed with it.
Most model hobby puttys started with products originally developed and sold for other businesses/purposes. The model companies repackage them into smaller sizes and charge more because of their logo. Squadron Green Putty was originally sold in response to custom car modelers who were using actual automotive filler putties as they re-sculpted the body contours on their wild creations. What goes around comes around.
Oh, BTW Bondo also makes a UV activated putty, just like Tamiya's stuff.
All of these products are available at your local auto supply shop, Pep Boys, Auto Zone, O'Reilly's, etc. You may also find some of them at Lowes or Home Despot.