Estimates of reliability by traditional estimators are deflated, because the item-total or item-score correlation (Rit) or principal component or factor loading (λ_i) embedded in the estimators are seriously deflated. Different optional estimators of correlation that can replace Rit and λ_i are compared in this article. Simulations show that estimators such as polychoric correlation (R_PC), gamma (G), dimension-corrected G (G₂), and attenuation-corrected Rit (R_AC) and eta (E_AC) reflect the true correlation without any loss of information with several sources of technical or mechanical error in the estimators of correlation (MEC) including extreme item difficulty and item variance, small number of categories in the item and in the score, and the varying distributions of the latent variable. To obtain deflation-corrected reliability, R_PC, G, G₂, R_AC, and E_AC are likely to be the best options closely followed by r-bireg or r-polyreg coefficient (R_REG).